mod 1 diss 1This discussion thread will be used to discuss the practice problems completed in this module. Complete practice problems P1-34A and P1-36A in the textbook using the Excel template provided for you. After completing the problems, submit your answers to the appropriate assignment drop box. Review the posted solutions to the practice problems, and determine what errors, if any, you have made. Respond to this discussion thread and discuss any challenges you had with completing the problems, tips that helped you arrive at the correct answers, and/or questions you may still have.mod 1 dq 2Desean Edwards plans on opening a new business named Desean Edwards Online Marketing Strategies. He is considering the various types of business organizations and wishes to organize his business with unlimited life and limited liability features. Additionally, Desean wants the option to raise additional equity easily in the future. Which type of business organization will meet Deseanâs needs best and why? Discuss possible issues and/or limitations Desean may encounter as a result of choosing this business organization compared with others.mod 2 dq 1This discussion thread will be used to discuss the practice problems completed in this module. Complete practice problem P2-29A in the textbook using the Excel template provided for you. After completing the problems, submit your answers to the appropriate assignment drop box. Review the posted solutions to the practice problems, and determine what errors, if any, you have made. Respond to this discussion thread and discuss any challenges you had with completing the problems, tips that helped you arrive at the correct answers, and/or questions you may still have.mod 2 dq 2Susie Homaker wants to open a delivery service called Cookies on Wheels. Baking skills and creativity are her strengths, but she lacks knowledge on how to keep records on money transactions for a business. While she might hire an accountant, she needs to be able to speak the language. Discuss which key accounting practice or principles (e.g., procedural steps, types of accounts, tools, etc.) are going to be important for her to understand and why.module 3 dq 1his discussion thread will be used to discuss the practice problems completed in this module. Complete practice problem P3-32A in the textbook using the Excel template provided for you. After completing the problems, submit your answers to the appropriate assignment drop box. Review the posted solutions to the practice problems, and determine what errors, if any, you have made. Respond to this discussion thread and discuss any challenges you had with completing the problems, tips that helped you arrive at the correct answers, and/or questions you may still have.mod 3 dq 2The term âadjusting entriesâ sounds like an illegal practice, but, in fact, it refers to a very important accounting process. Explain when, why, and how the adjusting process is used. Provide examples to clarify your statements.mod 4 dq 1This discussion thread will be used to discuss the practice problems completed in this module. Complete practice problem E4-18 in the textbook using the Excel template provided for you. After completing the problems, submit your answers to the appropriate assignment drop box. Review the posted solutions to the practice problems, and determine what errors, if any, you have made. Respond to this discussion thread and discuss any challenges you had with completing the problems, tips that helped you arrive at the correct answers, and/or questions you may still have.mod 4 dq 2Under what circumstances is an accounting worksheet used? Do you find this to be an effective tool? Why, or why not?module 5 dq 1This discussion thread will be used to discuss the practice problems completed in this module. Complete practice problems E5-17, E6-21, and E6-22 in the textbook using the Excel template provided for you. After completing the problems, submit your answers to the appropriate assignment drop box. Review the posted solutions to the practice problems, and determine what errors, if any, you have made. Respond to this discussion thread and discuss any challenges you had with completing the problems, tips that helped you arrive at the correct answers, and/or questions you may still have.mod 5 dq 2Under what circumstances would you use a periodic inventory system? Under what circumstances would you use a perpetual inventory system? Why?mod 6 dq 1This discussion thread will be used to discuss the practice problems completed in this module. Complete practice problem E9-20 in the textbook using the Excel template provided for you. After completing the problems, submit your answers to the appropriate assignment drop box. Review the posted solutions to the practice problems, and determine what errors, if any, you have made. Respond to this discussion thread and discuss any challenges you had with completing the problems, tips that helped you arrive at the correct answers, and/or questions you may still have.mod 6 dq 2A textbook production company makes all sales on credit. Cash receipts arrive by mail by Employee A. Someone in the mailroom opens envelopes and separates the checks from remittance advices. The same person forwards the checks to Employee B. Employee B makes a daily bank deposit, but does not have access to accounting records. The accompanying remittance advices are forwarded from the mailroom (by Employee A) to the accountant for entry into the books. Where are the weaknesses in internal control? What are possible ramifications to the gaps? What are the remedies to these weaknesses?mod 7 dq 1This discussion thread will be used to discuss the practice problems completed in this module. Complete practice problem S10-1 in the textbook using the Excel template provided for you. After completing the problems, submit your answers to the appropriate assignment drop box. Review the posted solutions to the practice problems, and determine what errors, if any, you have made. Respond to this discussion thread and discuss any challenges you had with completing the problems, tips that helped you arrive at the correct answers, and/or questions you may still have.mod 7 dq 2Reflect upon your experiences and the concepts studied throughout the course. In your own words, explain what accounting is all about. What is or was the most difficult concept to grasp about accounting? What are some tips you would share with future students taking the course?
